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A Middle Eastern oil company’s bid to take over Australian gas giant Santos will have some wringing their hands, despite a long history of energy partnerships with foreign nations.
UBS says the offer is “a potential solution” to the east coast’s long term gas supply challenges, but others are urging caution.
The pull of LNG is proving strong in the Middle East, driving the surprise takeover bid for an Australian producer that ...
A promise to develop Santos’ Narrabri gas project for the domestic market could be the key piece of leverage that the Abu ...
Dubai Abu Dhabi National Oil Company, via its XRG investment arm, has launched an A$8.89‑per‑share all‑cash takeover offer ...
Analysts say that the Australian regulators who are concerned about gas supplies in Australia will be closely monitoring Abu ...
The oil-rich UAE’s takeover bid for a major Australian gas supplier during the Middle East action raises a red flag over the ...
ABC News Australia on MSN7h
Abu Dhabi state-owned firm makes $36 billion bid for energy giantAustralian oil and gas giant Santos is the target of a takeover offer worth more than 36 billion dollars from Abu Dhabi ...
While some brokers said a well-funded backer would accelerate projects in Narrabri and Beetaloo, others are concerned they ...
Industry experts are already suggesting that the $30 billion takeover bid for Santos (ASX: STO) by global oil and gas giant ...
The Abu Dhabi consortium is not the first potential buyer of a company undervalued by Australia's stock exchange and with ...
ABC News Australia on MSN13h
Santos shares jump on $36 billion takeover bidAs markets are gripped by the latest news from the Middle East, the government of Abu Dhabi has launched a $36 billion ...
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